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Tax Returns

Time For Taxes Message Shows Taxation Due

Be prepared for tax time!

The late-filing penalties can make this a costly mistake. The standard late-filing penalty is 5% of the balance owing and an additional 1% of the balance owing for each full month that your return is late, to a maximum of 12 months – but if you haven’t filed for several years, the penalty for filing your Canadian income tax late could even be higher.

 

Let SBSS keep your paperwork up to date so that at the end of the fiscal year everything is prepared for your Accountant, or SBSS can arrange for one of our Tax Advisors do it for you.

 

Contact us sooner than later, don’t wait to the end of the year!  LOL